Unique flex-use property on over one acre in the heart of Old Towne Katy. This versatile residential or commercial opportunity features a completely remodeled home/office offering up to five office or workspace areas, allowing for a variety of configurations to suit office, live/work, or business needs. The expansive lot provides dual access from E. 5th Street and E. 3rd Street, creating excellent functionality for parking, circulation, and future expansion.
The property’s size, layout, and flexibility make it ideal for owner-users, entrepreneurs, or investors seeking a multi-use asset with land. Conveniently located with easy access to I-10 and the Grand Parkway (Hwy 99) in a growing and highly accessible Katy corridor. *The front portion of the property, including the remodeled office / house, is currently tenant-occupied with a lease in place until October 1, 2027.
For sale
Price cut: $140K (8/13)
$1,250,000
5235 E 5th St, Katy, TX 77493
3beds
1,736sqft
Single Family Residence
Built in 1930
1.16 Acres Lot
$1,177,800 Zestimate®
$720/sqft
$-- HOA
What's special
Over one acreExpansive lot
- 211 days
- 78
- 2
Zillow last checked:
Listing updated:
Listed by:
Tanesha McKinley TREC #0452256 832-659-9191,
Premier Properties
Source: HAR,MLS#: 69716949
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Bedroom
- Level: First
- Area: 150.08
- Dimensions: 13.4 X 11.2
Bedroom
- Level: First
- Area: 296.14
- Dimensions: 13.4 X 22.1
Bedroom
- Level: First
- Area: 135.47
- Dimensions: 13.4 X 10.11
Other
- Level: First
- Area: 325.35
- Dimensions: 13.5 X 24.10
Other
- Level: First
- Area: 298.49
- Dimensions: 13.5 X 22.11
Kitchen
- Level: First
- Area: 186.3
- Dimensions: 13.5 X 13.8
Heating
- Natural Gas
Cooling
- Ceiling Fan(s), Electric
Appliances
- Included: Disposal, Gas Oven, Microwave, Gas Range, Dishwasher
- Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Features
- Formal Entry/Foyer, All Bedrooms Down
- Flooring: Tile, Vinyl, Wood
- Windows: Window Coverings
Interior area
- Total structure area: 1,736
- Total interior livable area: 1,736 sqft
Video & virtual tour
Property
Parking
- Parking features: Driveway Gate, No Garage
Features
- Stories: 1
Lot
- Size: 1.16 Acres
- Features: Cleared, 1 Up to 2 Acres
Details
- Parcel number: 0740740000030
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- New construction: No
- Year built: 1930
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Green energy
- Energy efficient items: Thermostat
Community & HOA
Community
- Subdivision: Motheral
Location
- Region: Katy
Financial & listing details
- Price per square foot: $720/sqft
- Tax assessed value: $695,000
- Annual tax amount: $14,948
- Date on market: 2/3/2026
- Listing terms: Cash,Conventional
Estimated market value
$1,177,800
$1.12M - $1.24M
$2,209/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Price change | $1,250,000-10.1%$720/sqft |
Source: | ||
| 6/6/2026 | Price change | $1,390,000-15.8%$801/sqft |
Source: | ||
| 2/16/2026 | Price change | $1,650,000-13.2%$950/sqft |
Source: | ||
| 2/3/2026 | Listed for sale | $1,900,000+258.5%$1,094/sqft |
Source: | ||
| 1/14/2021 | Listing removed | -- |
Source: | ||
| 12/19/2020 | Pending sale | $530,000$305/sqft |
Source: CENTURY 21 Western Realty #20627760 Report a problem | ||
| 12/3/2020 | Listed for sale | $530,000-37.6%$305/sqft |
Source: CENTURY 21 Western Realty #20627760 Report a problem | ||
| 10/5/2018 | Listing removed | $850,000$490/sqft |
Source: City Group #94298642 Report a problem | ||
| 1/4/2018 | Price change | $850,000-10.5%$490/sqft |
Source: City Group #94298642 Report a problem | ||
| 2/8/2017 | Listed for sale | $950,000$547/sqft |
Source: City Group #94298642 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $15,089 +0.8% | $695,000 -0.1% |
| 2024 | $14,964 +20.7% | $695,722 +16.9% |
| 2023 | $12,401 +1483.2% | $594,922 +53.9% |
| 2022 | $783 | $386,517 |
| 2021 | -- | $386,517 +1% |
| 2020 | $526 -24.5% | $382,713 |
| 2019 | $697 +113.5% | $382,713 +34.4% |
| 2018 | $327 | $284,803 |
| 2017 | $327 +10.6% | $284,803 |
| 2016 | $295 -25.7% | $284,803 +23.9% |
| 2015 | $397 | $229,902 +50.1% |
| 2014 | $397 | $153,156 |
| 2013 | -- | $153,156 |
| 2012 | -- | $153,156 |
| 2011 | -- | $153,156 |
| 2010 | -- | $153,156 |
| 2009 | -- | $153,156 |
| 2008 | -- | $153,156 +4.4% |
| 2007 | -- | $146,663 +12.7% |
| 2006 | -- | $130,130 |
| 2005 | -- | -- |
| 2004 | -- | $115,700 |
| 2003 | -- | $115,700 +0.5% |
| 2002 | -- | $115,100 +9.9% |
| 2001 | -- | $104,700 +8.4% |
| 2000 | -- | $96,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Old Katy
Nearby schools
Schools provided by the listing agent
- Elementary: Hutsell Elementary School
- Middle: Katy Junior High School
- High: Katy High School
Source: HAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







